How: Through functional systematic processes in client interactions.
Why: Reduced DSO increased Company liquidity, Bad debt minimization.
Dashboards drive daily function and staff accountability through transparency.
Process Workflows and task automation gets results and drives performance.
Every AR department will benefit from the Kuhlekt key features and benefits
Kuhlekt is a ‘Software as a Service’ (SaaS) Receivables Management cloud application. Kuhlekt is affordable, easy to use, proven, and secure. Kuhlekt is a scalable solution, be it a global multi regional conglomerate to a private single region business operation. Capital outlay is minimal with no IT requirements.
Kuhlekt manages your full accounts receivable function; customer interactions, accounting reviews, and reporting. To-do lists allocate tasks to the collectors and prompts them for follow up through to resolution. ‘Suggested call’ listings pre-empt accounts requiring attention to minimize delinquency. The system manages doubtful debt provisioning and tracks legal appointments. Accountability and transparency is provided through manager overviews and a full reporting suite.
Kuhlekt ingests data from your financial system. It will work with any backend system, and is fully customisable.
Once the data is in the system, Kuhlekt then drives the activities for receivables management, customer interactions, and accounting review. Accounts are assigned to collectors, and the tasks for each collector are driven by powerful dashboards and to-do lists..
The software helped me organize my AR and gave me a better insight of where to focus my attention. It allowed me to set strategies in my troubled areas which resulted in a drop of 10 days in my DSO.Mark Sassack - Sr. Manager - Cash & Collections North America Recall Corporation
In a business where a single customer can have multiple accounts the software provides flexibility for me to manage these customers holistically & also providing the ability for managing debtor campaigns on a daily basis depending on what the business focus or need may be at the time, all which has led to a consistent DSO result well below the expectations of the business.Craig Clark - Asst Credit Manager